Run your business
Accounting and payroll in Serbia for foreign-owned companies
We arrange the bookkeeping, tax returns and payroll of your Serbian company with licensed accounting firms. We also arrange the registration and deregistration of your employees, and we send a monthly report to your management abroad. Accounting and payroll are part of our Run tier.
What we handle
The accounting firms we work with are entered in the Register of Accounting Service Providers kept by APR, the Serbian Business Registers Agency.
- Bookkeeping. A licensed accounting firm keeps the statutory books of your company and closes each month.
- Tax returns. A licensed accounting firm files your VAT returns and the other recurring tax returns of your company.
- SEF e-invoicing. The accounting firm handles your e-invoices in SEF, the state e-invoicing system, where your company is in the VAT system. Our guide to SEF e-invoicing explains the system.
- Payroll. The accounting firm calculates the salaries, prepares the payslips and files the payroll tax return every month.
- Registration and deregistration of employees. The accounting firm registers each new employee with CROSO, the Central Register of Compulsory Social Insurance. It deregisters each employee who leaves.
- Personnel records. We keep the personnel records and prepare the employment documents.
- Sick leave. The accounting firm processes the sick leave of your employees in the payroll. Our guide to eBolovanje, the electronic sick leave system, explains the part of the employer.
- Annual financial statement. The accounting firm prepares the regular annual financial statement and files it with APR.
- Documents. We track your incoming and outgoing documents, and we tell you when a document is missing.
Six questions your management can answer at any time
Our work gives your management a clear answer to six questions:
- What do we have to pay?
- When is it due?
- Is it approved?
- Is it paid?
- Is a document missing?
- Which obligations come next?
The answers come from your books and from our payment overview.
How it works
You tell us about your company.
We reply within one business day. For the offer, we ask for the number of documents and employees, the VAT status and the activity of your company.
We agree the scope and the price.
You get a written offer.
The accounting firm opens or takes over your books.
For a new company, it opens the books. For an existing company, it takes over the records of the earlier periods.
Every month, the accounting firm records, calculates and files.
You send us your documents. The accounting firm records them, runs the payroll and files the returns.
Every month, your management gets a report.
Every year, the accounting firm closes the books.
It files the regular annual financial statement with APR by 31 March.
Key facts
| What | Value | Basis |
|---|---|---|
| Tier | Run: bookkeeping and tax returns by a licensed accounting firm, payroll and employee registration, corporate records and deadlines, a payment list for your approval, a monthly report for your management | RNDM tiers |
| Registration of an employee with CROSO | Before the first working day | Law on the Central Register of Compulsory Social Insurance, Art. 12 |
| Annual financial statement at APR | By 31 March | APR, register of financial statements |
| APR fee for the annual financial statement | 1,800 RSD for a small or micro legal entity, 4,500 RSD for a large or medium legal entity | APR fee decision, in force since 2026-01-01 |
What we need from you
- The PIB (tax number) and the MB (company registration number) of your company.
- For an existing company, the records of its earlier periods.
- Every month, the invoices and receipts that reach you on paper or by email. The accounting firm takes the e-invoices from SEF.
- Access to the statements of your bank accounts.
- The data of each new employee.
- Your decisions: who approves the payments, who receives the monthly report, and the scope of our service.
Your scope
You choose the scope. The Run tier adds the company administration and the payment overview to the accounting and the payroll. You can also take accounting and payroll as single services, for example bookkeeping only. We agree the scope with you in writing before we start.
Tier and offer
Run your business
Accounting and payroll are part of our Run tier, for a company in Serbia with foreign owners. Run includes:
- bookkeeping and tax returns, by a licensed accounting firm;
- payroll and employee registration;
- corporate records and deadlines;
- a payment list for your approval;
- a monthly report for your management.
Single services:
- Bookkeeping only, for a micro d.o.o. outside the VAT system
- Registration or deregistration of an employee
You get the scope and the price in a written offer before we start.
Questions and answers
Can you also arrange accounting?
Yes. We arrange your bookkeeping, tax returns and payroll with licensed accounting firms entered in the Register of Accounting Service Providers. You can take accounting in the Run tier or as a single service.
How much do accounting and payroll cost?
The price depends on the number of documents and employees, the VAT status, the activity and any foreign currency business. You get the scope and the price in a written offer before we start. Contact us for an offer. See the tiers for what Run includes.
Is the annual financial statement included?
Yes. A licensed accounting firm we work with prepares the regular annual financial statement as part of the accounting, and files it with APR.
What happens when we hire a foreign employee?
A licensed accounting firm we work with registers the employment after the single permit, the combined work and residence permit, is approved. Then it adds the employee to the payroll. We handle the permit itself in our work and residence permits service.
In which language do we get the reports?
We write the monthly report in English. We write our messages to your management in English or Serbian.
Last reviewed on . RNDM DOO is responsible for this page.
Ask for an accounting offer
We reply within one business day.